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721790 (Harmonized System 1996 for 6-digit)

2022
World Trade $691MRnk 2665 / 4769
2022
Top Exporter | Top Importer $145M | $54.3MChina | United States
2022
Product Complexity -0.88Rnk 3780 / 4776
2021 - 2022
Export Growth (CAGR) 3.18%Rnk 2548 / 4769
2022
Share of World Trade 0.0029%Rnk 2665 / 4769

About

Overview This page contains the latest trade data of Iron/Steel Wires: Others. In 2022, Iron/Steel Wires: Others were the world's 2665th most traded product, with a total trade of $691M. Between 2021 and 2022 the exports of Iron/Steel Wires: Others grew by 3.18%, from $670M to $691M. Trade in Iron/Steel Wires: Others represent 0.0029% of total world trade.

Iron/Steel Wires: Others are a part of Wire of iron or non-alloy steel.

Exports In 2022 the top exporters of Iron/Steel Wires: Others  were China ($145M), Spain ($59.7M), Germany ($45.8M), Belgium ($40.2M), and United Arab Emirates ($36.7M).

Imports In 2022 the top importers of Iron/Steel Wires: Others were United States ($54.3M), France ($47.2M), Kuwait ($42.7M), Germany ($41.9M), and Canada ($38.1M).

Ranking Iron/Steel Wires: Others ranks 3780th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Iron/Steel Wires: Others. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$145M
Top Destination (2022)United States$54.3M

In 2022 Iron/Steel Wires: Others were the world's 2665th most traded product (out of 4,769).

In 2022, the top exporters of Iron/Steel Wires: Others were China ($145M), Spain ($59.7M), Germany ($45.8M), Belgium ($40.2M), and United Arab Emirates ($36.7M).

In 2022, the top importers of Iron/Steel Wires: Others were United States ($54.3M), France ($47.2M), Kuwait ($42.7M), Germany ($41.9M), and Canada ($38.1M).

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Exporters of Iron/Steel Wires: Others (2022)
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Importers of Iron/Steel Wires: Others (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Arab Emirates$22.7M
Top Destination Growth (2021 -  2022)Kuwait$37.7M

Between 2021 and 2022, the exports of Iron/Steel Wires: Others grew the fastest in United Arab Emirates ($22.7M), China ($21.9M), France ($11M), Saudi Arabia ($8.21M), and Singapore ($6M).

Between 2021 and 2022, the fastest growing importers of Iron/Steel Wires: Others were Kuwait ($37.7M), United States ($11.4M), Romania ($11.2M), Malaysia ($5.6M), and Austria ($4.71M).

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Exporters of Iron/Steel Wires: Others (2021 - 2022)

Importers of Iron/Steel Wires: Others (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/Steel Wires: Others.

In 2022, market concentration measured using Shannon Entropy, was 4.6. This means that most of the exports of Iron/Steel Wires: Others are explained by 24 countries.

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Value of Exports in Iron/Steel Wires: Others

Net Trade

TOP NET EXPORTER (2022)China$139M
TOP NET IMPORTER (2022)Kuwait$42.6M

This map shows which countries export or import more of Iron/Steel Wires: Others. Each country is colored based on the difference in exports and imports of Iron/Steel Wires: Others during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron/Steel Wires: Others were China ($139M), Spain ($49.2M), Belgium ($33.2M), Turkey ($22.5M), and South Korea ($20.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron/Steel Wires: Others were Kuwait ($42.6M), Canada ($28.2M), France ($20.5M), Malaysia ($19.6M), and United States ($18.9M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron/Steel Wires: Others.
It is possible to select the main countries that export or import Iron/Steel Wires: Others in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron/Steel Wires: Others by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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